![]() The plants will be installed on homes and on the premises of small and medium businesses. The loan will support the installation of a series of small-scale self-consumption solar photovoltaic plants in Brazil, predominantly on rooftops, for a total combined capacity of around 600 MWp. The project is part of the European Union’s Global Gateway investment strategy supporting infrastructure and improving global and regional connectivity in the digital, climate, transport, health, energy and education sectors. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in Brussels on 17 July 2023 during the EU-CELAC Summit of Heads of State and Government and the EU-LAC Business Forum. The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. ![]()
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